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APICS Certified Supply Chain Professional Questions 573–578 (page: 58)

Updated On: 1-Feb-2026

The Supply Chain Operations Reference (SCOR) model is focused on several major performance attributes, including;

  1. reliability, flexibility, and quality.
  2. reliability, flexibility, and productivity.
  3. responsiveness, cost, and assets.
  4. responsiveness, quality, and cost.

Answer(s): C



Which of the following costs primarily focuses on rework, scrap, and warranty?

  1. Total delivered cost
  2. Total cost of ownership (TCO)
  3. Total cost to serve
  4. Total cost of quality

Answer(s): D



Which of the following documents is issued by a non-vessel-operating common carrier (NVOCC), consolidator, or freight forwarder?

  1. Bill of lading (B/L)
  2. Pro forma invoice
  3. Airway bill
  4. Export packing list

Answer(s): A



An organization that focuses on innovative products requiring a high degree of responsiveness in the supply chain most likely will establish its distribution facility:

  1. at the location that has available temporary labor.
  2. at the lowest-cost location.
  3. close to the organization's production facility.
  4. close to the market the organization serves.

Answer(s): D



Which of the following statements regarding ISO 31000 is correct?

  1. It is an international standard for risk management and is intended for certification purposes.
  2. It includes guidelines for establishing internal and external risk communication processes.
  3. It is a management system standard developed to assist the financial services industry in risk mitigation.
  4. It is a mandatory standard enforced by the U.S. Securities and Exchange Commission (SEC).

Answer(s): A



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